Service Tax Archives - Page 4 of 9

Service Tax Determination of Value Rules 2006

April 13, 2016April 15, 2016 TaxIndiaUpdates In0 comments13956 views

Service Tax Determination of Value Rules 2006 (As amended by Notification No. 23/2016-Service Tax, dated April 13, 2016) In exercise of the powers conferred by clause (aa) of sub-section (2) of section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes … Continue Reading →

Service Tax

Mega Exemption Notification Extended to cover basic Services Provided by Government

April 13, 2016April 15, 2016 TaxIndiaUpdates In0 comments8435 views

Mega Exemption Notification Extended to cover basic Services Provided by Government , Local Authority or Governmental Authority CBEC vide its Notification No.22/2016-Service Tax dated April 13, 2016 has amended Mega Exemption Notification No. 25/2012-ST dated 20-06-2012 to extend service tax exemption to various Services Provided by … Continue Reading →

Service Tax

Service Tax Point of Taxation Rules 2016

April 13, 2016April 14, 2016 TaxIndiaUpdates In1 comments12276 views

The Point of Taxation Rules, 2011 In exercise of the powers conferred under sub-section (2) of section 67A and clause (a) and clause (hhh) of sub-section (2) of section 94 of the Finance Act, 1994, the Central Government hereby makes the following rules for … Continue Reading →

Service Tax

Service Tax Act and Rules

April 1, 2016August 9, 2021 TaxIndiaUpdates In0 comments20101 views

Service Tax Act and Rules as Amended by Finance Act 2016 Rate of Service Tax & Interest on delay deposition Finance Act, 1994(Service Tax) Service Tax Rules, 1994 Cenvat Credit Rules, 2004 Service Tax (Determination of Value) Rules, 2006 Place of provision of Services Rules, … Continue Reading →

Service Tax

Tax Benefits for Maritime Sector and Ease of Doing Business

March 15, 2016March 16, 2016 TaxIndiaUpdates In0 comments3723 views

Tax Benefits for Maritime Sector and Ease of Doing Business In order to provide the Indian shipping industry a level playing field and make it competitive at international level, the government has earlier implemented certain policies. In recent the Government of India has proposed the … Continue Reading →

Central Excise

Salient Features of the Indirect Tax Dispute Resolution Scheme 2016

March 11, 2016March 16, 2016 TaxIndiaUpdates In0 comments9092 views

Salient Features of the Indirect Tax Dispute Resolution Scheme 2016 A scheme in respect of cases pending before Commissioner (Appeals), the assessee, after paying the duty, interest and penalty equivalent to 25% of duty, can file a declaration, is being introduced. In such cases the … Continue Reading →

Service Tax

Changes in Cenvat Credit Rules by Union Budget 2016-17

March 10, 2016April 20, 2016 TaxIndiaUpdates In0 comments11936 views

AMENDMENTS IN THE CENVAT CREDIT RULES, 2004 New Post : PPT Presentation on Union Budget 2016-17 Amendments related to Capital Goods Wagons of sub heading 8606 92 included in the definition of capital goods The Capital goods used in office located within factory is also … Continue Reading →

Service Tax

New Service Tax Return Form ST-3 incorporates details of Swachh Bharat Cess

March 8, 2016 TaxIndiaUpdates In0 comments5372 views

March 08, 2016 Form ST-3 CBEC vide Notification No. 20/2016-Service Tax dated March 08, 2016 has been amended Service Tax return Form ST-3 to incorporate details of Swachh Bharat Cess. The detailed Notification is as under: Government of India Ministry of Finance Department of Revenue … Continue Reading →

Service Tax

Reverse Charge Applicable on Services provided by Government or Local Authority

February 19, 2016February 19, 2016 TaxIndiaUpdates In0 comments7171 views

February 18, 2016 CBEC Notification 06/2016-ST dated 18-02-2016 : W.e.f. 01-04-2016 Reverse Charge Applicable on Services provided by Government or Local Authority to business entity (having turnover of more than 10 lacs in preceding F.Y.) Also read : No Service Tax on Services by Government or local … Continue Reading →

Service Tax

No Service Tax on Services by Government or local authority to a small business entity

February 19, 2016 TaxIndiaUpdates In0 comments4268 views

February, 2016 CBEC vide Notification No. 07/2016-Service Tax dated February 18, 2016 provided Service Tax exemption (w.e.f. 01-04-2016) on Services by Government or local authority to a small business entity (business entity with a turnover up to rupees ten lakh in the preceding financial year). GOVERNMENT OF … Continue Reading →